Govt all set to launch media campaign for public to adopt solar energy
ISLAMABAD: Sensing the likely failure in getting rid of the load-shedding, the government is now all set to launch a media campaign...
Auto sales up 21pc for July-May 2017-18
KARACHI: Total car sales have gone up by 21 per cent in the last eleven months of the current fiscal year with 201,134 units.
According...
Canada’s Sunrise Records agrees to buy UK music retailer HMV
LONDON:Â Canadian company Sunrise Records has agreed to buy ailing British music retailer HMV, safeguarding around three-quarters of jobs, administrators KPMG announced Tuesday.
HMV,...
OPEC’s Barkindo says rebound in oil investments ‘very minimal’
BAKU:Â The investments needed to ensure stability in the global oil industry are returning after a downturn, but the pace is still slow,...
Pakistan’s economy suffered Rs1b loss due to IMEWE submarine cable fault
Islamabad: Pakistan’s economy had to bear an estimated loss of Rs1 billion owing to recent fault in submarine cable whereas Pakistan Telecommunication...
Chip sector slowdown hits Swiss tech group Comet
Lower sales growth, shifts in the product mix and higher-than-expected restructuring costs would also hit profitability this year, the company said in a statement.
Total broadband subscribers in Pakistan cross 44.32m
Islamabad: The total broadband subscribers including 3G and 4G services have crossed 44.32 million in the country, registering a reasonable growth rate...
Meezan Bank announces 30pc growth in half-year financial results
KARACHI: The Board of Directors of Meezan Bank in its meeting, approved the Bank’s financial statements for the half year ended June...
NEPRA approves Rs 1.82/unit cut in power price
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has approved a reduction in power tariff by Rs 1.82 per unit on account of...
Pakistan’s resilience to climate change is limited: Moody’s
Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven
Business community demand monitoring of FBR, export targets for diplomats
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday said Prime Minister Imran Khan's first address to the...
Govt to reduce LNG supply amidst falling demand
LAHORE: The government on Monday directed scaling down of Liquefied Natural Gas (LNG) from both specialised import terminals due to falling fuel...
2nd Pakistan Banking Awards to be held in Karachi
Karachi
The 2nd Pakistan Banking Awards 2017 will be held this month at a local hotel in Karachi with an aim to highlight...
Sindh eager to benefit from CPEC, says Murad Ali Shah
KARACHI:Â Sindh is eager to gain maximum benefit from China-Pakistan Economic Corridor (CPEC) as the revelation of the full plan for the corridor...
China’s November export, import growth shrinks; surplus with U.S. record high
China’s trade surplus with the United States was $35.55 billion in November, a record high and compared with $31.78 billion in the preceding month